国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

Business / Economy

Ruble to circulate in China-Russia border city

(Xinhua) Updated: 2015-08-10 09:50

HARBIN - The People's Bank of China has authorized Suifenhe city on the China-Russia border in Northeast China's Heilongjiang province as a pilot zone where the rouble can be officially used alongside the yuan.

Jin Mei, deputy secretary-general of the monetary policy committee of the central bank made the announcement at the opening ceremony of a trade exposition in Suifenhe Saturday.

The circulation of the Russian rouble in the border city is a result of the "benign development" in settling bilateral trade with yuan and rouble instead of US dollar, Jin said.

Suifeihe city is the major hub of Heilongjiang province's trade with Russia. The city accounted for 80 percent of Heilongjiang's export of goods to Russia and reported a foreign trade of $7.59 billion in 2014.

Rouble is already widely used in Suifenhe, particularly in shops and hotels targeting Russian customers, local sources said.

City officials believe that legalizing the use of rouble will promote bilateral economic cooperation and boost tourism. The pilot project will not threaten the renminbi as the domestic currency, they said.

China and Russia signed a currency swap agreement in 2014 as a foundation for financial cooperation between the two nations.

Cross-border yuan-dominated payments between China and Russia reached 8.22 billion yuan ($1.32 billion) in the first half of 2015, a 112 percent year-on-year increase, according to Jin.

Hot Topics

Editor's Picks
...
丰县| 河北区| 文水县| 阿城市| 连云港市| 伊金霍洛旗| 许昌县| 平潭县| 锦州市| 木里| 思南县| 沾化县| 怀来县| 大关县| 乳山市| 定兴县| 县级市| 宿松县| 贺兰县| 威海市| 香河县| 扶沟县| 大埔区| 云和县| 楚雄市| 泰来县| 会东县| 泊头市| 云梦县| 渭源县| 鞍山市| 祁东县| 柯坪县| 彰武县| 沈丘县| 错那县| 鹤岗市| 荔浦县| 陵川县| 洪泽县| 咸宁市|